NOT LISTED FOR SALE

2862 Timberline Rd Marietta, GA 30062

East Cobb Neighborhood

Estimated Value: $425,000 - $510,000

0.46 Acre
$1,042,789 Price per Acre
20,038 Sq Ft Lot

Last Sold May 04, 2018

Last sale price $95,000 $62 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $2,681/month

124 Days on Market

Highlights

  • Partially Wooded Lot
  • Mountain View Elementary School Rated A
  • Level Lot

About This Lot

As of May 2018

This is a great building lot that gently slopes to the street. The location is excellent, being just minutes away from I-75, Schools, Shopping and Restaurants. Many of the homes in this neighborhood have been renovated. Contact the listing agent for more information and a copy of the recent Survey. If so desired, the Holly Spring Club is an optional Swim & Tennis club located very close to the Mountain View Subdivision. The Closing Attorney will be selected by the Seller.

Last Agent to Sell the Property

Matt Allen

Allen Southern Properties, LTD License #220530 Listed on: 11/03/2017

Last Buyer's Agent

Wytana Thomas

HomeSmart License #296017

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $403

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned R-20

Schools

  • Mountain View - Cobb Elementary School
  • Simpson Middle School
  • Sprayberry High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Mountain View Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / A
  • Assessor Parcel Number 16052800400

Property Details

Property Type

Land

Est. Annual Taxes

$403

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Mountain View

Lot Info

  • Acres: 0.4600
  • Lot: 6
  • Section G M D: 2
  • Current Zoning: R-20
  • Plat Book: 54
  • Plat Page: 53
  • Lot Features: Curbs & Gutters, Level, Street Lights
  • Lot Dimensions: 100x200
  • Parcel Number: 16052800400
  • Property Attached Yn: No

Tax Info

  • Taxes: 403.00
  • Tax Year: 2017

MLS Schools

  • Elementary School: Mountain View - Cobb
  • High School: Sprayberry
  • Middle School: Simpson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Brooks Anthony
Bought by
Chilombo Njolomba
Current Estimated Value
$479,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,700
Outstanding Balance
$448,388
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$31,295

Purchase Details

Listed on
Nov 3, 2017
Closed on
May 4, 2018
Sold by
Circle W Construction Co I
Bought by
Tilley Jann E
Seller's Agent
Matt Allen
Allen Southern Properties, LTD
Buyer's Agent
Wytana Thomas
HomeSmart
List Price
$99,000
Sold Price
$95,000
Premium/Discount to List
-$4,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.82%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2016
Sold by
Sinclair Linda L
Bought by
Circle W Construction Co Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chilombo Njolomba $486,000 None Listed On Document
Tilley Jann E $95,000 --
Circle W Construction Co Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chilombo Njolomba $461,700
Previous Owner Tilley Jann E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $95,000 -4.0% $62 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $99,000 -- $65 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,862 $208,556 $36,000 $172,556
2024 $1,764 $174,132 $36,000 $138,132
2023 $1,557 $174,132 $36,000 $138,132
2022 $4,763 $156,920 $30,000 $126,920
2021 $3,958 $130,396 $24,000 $106,396
2020 $3,958 $130,396 $24,000 $106,396
2019 $3,331 $109,756 $20,000 $89,756
2018 $425 $14,000 $14,000 $0
2017 $403 $14,000 $14,000 $0
2016 $138 $4,800 $4,800 $0
2015 $141 $4,800 $4,800 $0
2014 $143 $4,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Matt Allen

    Allen Southern Properties, LTD

    (678) 873-8125

    130 Total Sales

    Matt Allen
    Section Image
  • Wytana Thomas

    Buyer's Agent in 2018

    Wytana Thomas

    HomeSmart

    (404) 432-2193

    20 Total Sales

    Wytana Thomas
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5929321

First Multiple Listing Service (FMLS)

APN: 16-0528-0-040-0

Georgia Cobb County Marietta 30062 East Cobb

2862 Timberline Rd, Marietta, GA

Not Listed for Sale

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